Taxation, Wage Bargaining, and Unemployment (Paperback)

Why were European economies able to pursue the simultaneous commitment to full employment and welfare state expansion during the first decades of the postwar period and why did this virtuous relationship break down during recent decades? This book provides an answer to this question, by highlighting the critical importance of a political exchange between unions and governments, premised on wage moderation in exchange for the expansion of social services and transfers. The strategies pursued by these actors in these political exchanges are influenced by existing wage bargaining institutions, the character of monetary policy and by the level and composition of social policy transfers. The book demonstrates that the gradual growth in the fiscal burden has undermined the effectiveness of this political exchange, lowering the ability of unions' wage policies to affect employment outcomes.

General

Imprint:	Cambridge UniversityPress
Country of origin:	United Kingdom
Series:	Cambridge Studies in Comparative Politics
Release date:	February 2006
First published:	2006
Authors:	Isabela Mares
Dimensions:	229 x 152 x 17mm (L x W x T)
Format:	Paperback - Trade
Pages:	290
ISBN-13:	978-0-521-67411-9
Categories:	Books > Social sciences > Politics & government > General Books > Business & Economics > Economics > Political economy Books > Business & Economics > Economics > Labour economics > General Promotions
LSN:	0-521-67411-5
Barcode:	9780521674119

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